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institute for a discussion on the scheduled tax increases the percent to hit in january, including the end of the bush era taxes, payroll tax holiday hikes and invested in come also. a new tax policies and to report says nothing is done. average marginal tax rates would go up by five percentage points on labor income, seven points on capital gains and more than 20 points on dividends. along with more than a trillion dollars in budget cuts. also starting january or known as the fiscal cliff. it should get under way in just a moment. [inaudible conversations] >> good afternoon, and welcome to the urban institute's first tuesday. my name is howard gleckman of the tax center blocks and we are here to discuss taxes in the fiscal cliff. as you all know, washington lives everything that happens here is the biggest or the worst were the most important. how many times for instance have you been told some politician is about to give the speech of his life until he gives the next speech. the tax armageddon has the potential to actually be a watershed in the fiscal policy. true it could be another opp
of taxes and spending. it goes to governor clinton for a 2 minute question. it is asked by ann compton. >> governor clinton, can yo middle income families can be guaranteed a tax cut or what income level they can be guaraeed no tax increase. >> the tax increase figures in at $200,000 and above. >> they had their incomes go up while taxes down. middle class people defined as people with incomes as $52,000 and down had their incomes go down while th taxes went up in the reagan-bush years because of 6 increases in the payroll taxes. that is where it would trigger. >> there would be no tax increases below -- >> my plan, notwithstanding -- my plan igures in at family incomes of $200,000 and above andgive modest middlerelief to restore faespecially to people with incomes below in addition to that, the money i raise from upper monepeople, if they pay the same income on their income the same as american corporations do, they will give incentives back. i wt to give permant incentives back. a resource and development credit, a long term proposal for business and expansion. we have to have no mor
%. personal earnings after taxes per capita have gone up almost $3,000 in these 4 years. in 1980 -- or 1979, a person with a fixed income of $8,000 was $500 above the poverty line, and this maybe explains why there are the numbers still in poverty. by 1980 that same person was $500 below the poverty line. we have restored much of our economy. with regard to business investment, it is higher than it has been since 1949. so, there seems to be no shortage of investment capital. we have, as i said, cut the taxes, but we have reduced inflation, and for 2 years now it has stayed down there, not at double digit, but in the range of 4 or below. we believe that we had also promised that we would make our country more secure. yes, we have an increase in the defense budget. but back then we had planes that couldn't fly for lack of spare parts or pilots. we had navy vessels that couldn't leave harbor because of lack of crew or, again, lack of spare parts. today we're well on our way to a 600-ship navy. we have 543 at present. we have -- our military, the morale is high. i think the people should unders
should pay some federal income tax, but is a fix for that a sure loser on the campaign trail? connell: how about this for those of you watching the market, don't buy gold, why that might be the case. u.s. gold. first, let's take a look at the oil market. we will be right back with more "markets now." we asked over 3,000 doctors to review 5-hour energy and what they said is amazing. over 73 percent who reviewed 5-hour energy said they would recommend a low calorie energy supplement to their healthy patients who use energy supplements. seventy-three percent. 5-hour energy has four calories and it's used over nine million times a week. is 5-hour energy right for you? ask your doctor. we already asked 3,000. dagen: a quarter past the hour. or almost. every 15 minutes, stocks now, apologizing today, i love this story. nicole: tim cook and the apple team doing a big "i'm sorry." what you're seeing is apple stock reflecting the frustration of users with the new maps and their own software they promised they are working to develop better. but in their own maps, that has been the one bonus wit
tax hike measure that would earmark funds for school appears to be headed for defeat loss angeles times poll shows 34 percent of voters favoring of 52% oppose, it will affect most californians the measures wealthy backer has spent $30 million on the campaign. a competing measure supported by gov. brown or raise taxes on the wealthy is doing better proposition 30 favored by 55 percent of voters 36 percent opposed, it will raise income tax on people making $250,000 a year, it will raise sales taxes. president obama and republican candidate mitt romney take a break to get ready for their first presidential debate next week dru levenson shows us both candidates sent running mates to battleground states. >>> vice-president joe biden plate to florida's older voters. first at a diner than a rally he said president obama wants to make sure medicare is around. >>> the action the president took strengthen medicare trust fund and exceeded its live up to 2024 >>> biden argued the republicans want to drastically change the program >>> that on want to tell you they're not for medicare there for
feeding. guaranteed. d-con. get out. (vo) cenk uygur is many things. >>oh really? >>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! >> announcer: heard around the country and seen on current tv this is the "bill press show." >> bill: hey, it is 24 minutes after the hour. talking about jeb bush yesterday >> announcer: this is the "bill press show." >> bill: all right. 24 minutes after the hour. football fans, sport fans, relax. nfl owners did apparently bow to pressure and realized they needed to get this damn thing over with and they sent roger goodell in and said fix it, fix it. meeting until late last night. "the washington post" and "new york times" and espn reporting that the outline of a deal is reached now it has to be approved by the nfra and the nfl owners both. but that should happen in order to get profes
and federal taxes. if the united nations gets its way the united states tax me g.e.d.en could go global. >> just how friendly are our skies? "fox & friends" begins right now. snet ♪ >> good saturday morning, everyone. welcome in to "fox & friends" on this early fall morning. coming up in just about a half an hour we are going to talk about whether or not spanking should be considered a form of child abuse. one state is actually moving, perhaps, to make it that way. you could be locked up as a result of it. >> looking forward to that debate. we will answer that question. which one of us three is the funniest reporter in new york? we'll not give you any clues. >> no clues. >> i said no -- >> more on that later on in the program. >> meanwhile the top story, the news that has consumed us for the better part of two weeks now. that is what happened in benghazi? why was the message coming out of the administration so muddled at best and misleading at worse? when did they know that it was a terrorist attack? why won't the president actually use the term terrorist attack? well, yesterday there
headlines. >> we have been talking about tax megeddon at the end of the year when the tax cuts are set to expire and every american would feel it in some form or fashion. now, forget the american tax megeddon, it looks like a global tax megeddon if the united nations gets its way. >> this was discussed at the u.n. general assembly. probably not likely to be instituted or supported by the united states who is already the biggest contribute ter to the u.n. over 20% of the u.n. budget. here is what has been proposed. a 1% tax on billion nargs around the world. a tax on all currency trading in the u.s. a tiny tax on all financial transactions. >> how tiny? >> not sure. >> new taxes on carbon emissions and on airline tickets. this has for the past year these ideas have been bandied about and the overall overarching goal would be to help transfer money from richations like the united states to poor developing countries. now, what's interesting is that this would be entered into the actual record of what was discussed discussed it at t. when foxnews.com reported on this. they were suddenly se
yesterday that raised some eyebrows, sounded political when she was talking about taxes. >> that's right. secretary making a speech to the clinton global initiative and she was talking about the kind of wealthy around the world. one of her things is that people are not paying enough taxes. let's take a listen to how she got a little dig at mitt romney. >> one of the issues that i have been preaching about around the world is collecting taxes in an equitable manner. especially from the elite in every country. you know, i'm out of american politics, but it is a fact that around the world, the elites of every country are making money. there are rich people everywhere. and yet they do not contribute to the growth of their own countries. >> who is she talking about there? i mean, but -- >> that is global context there. >> exactly. she doesn't do it that often but once fwh a while the kind of inner politician in her comes out. i travelled with her to morocco in february and she also talked about president obama being re-elected. when i interviewed her, i said, hey, secretary of state not reall
the latest controversial cuts. there are speculation pensions could be cut back, taxes raised in-state own businesses privatized. prime minister mariano rajoy is looking to slash spending by some 40 billion euros, about $50 billion. the prospect of yet more austerity for a country in deep recession -- unemployment running staggering 25% -- has already seen thousands take to the street in clashes with police brief was get the latest from our correspondent in the madrid. >> the frustration of some people here in spain and particular the young, has pulled over on to the streets for two nights running here in madrid. they were not the violent demonstrations we saw from the night before but there was some tension last night. but many here in spain feel the government here has no choice, that it needs to reduce its spending to balance its budget for the to convince the eurozone which have already helped out the banks here and might have to help spain again. late last night, thousands again gathered on the roads around spain's parliament. again, a tense atmosphere as the police moved in. but ther
. right? and what you're saying is just lies about welfare. lies about taxes. lies about everything. and call him out. >> caller: in a poll last night they showed on tv, 83% of americans are going to watch the debates. >> bill: whoa. >> caller: that's a huge number to watch the debates. >> bill: i find that hard to believe. but still -- >> caller: registered voters. >> bill: if it was on ed's show, i believe it. i tell you what, the first debate particularly, tim, will be very -- there will be a huge audience for the first debate and obama's gotta be really out there. really slugging and he can't take any crap from mitt romney and can't let him get away with the weasley statements and romney -- can't get romney get away with just being like foggy right and not saying what he really intends to do or what he really plans to do. he's got to force -- you know what? i would like to see him debate like rick santorum did in the primary. rick santorum just drove romney crazy in the primary. andre in columbus
will actually go to schools. i spoke with the director of the maryland budget and tax policy institute. it is a nonpartisan organization and he says if voters approve the referendum, there should be close to $200 million that goes into the education trust fund. by the year 2016. >> all of the money will go to the education trust fund and will go to local schools. but the state may then use some of the money it saves because it doesn't have to use tax dollars for that school aid, and use that for health care and public safety, and parks and other good things that we depend on from the state. so it helps the state treasury. it will help the budgets. >> right. >> but it is wrong to say that it will increase education aid dollar for dollar. >> so what about job creation? that is another thing that they speak of. the ones who want you to vote in favor of this referendum. head to myfoxdc.com for our entire interview. >> massive automatic federal cuts are set to take effect in three months. one thing set to go is the bush you could pay a hefty price tag if congress doesn't renew them. accordi
. mitt romney is yet to be specific about his plans, his tax plans, his plans for entitlements. and so this is an opportunity for him to be specific. >> i was sort of surprised that governor, new jersey governor chris christie apparently didn't get the memo about downplaying expectations. i know the democrats are doing it furiously. the president himself doing it furiously. >> right. >> the republicans have been doing it furiously. here's what chris christie said over the weekend. >> well, listen, he's had a tough couple of weeks, let's be honest. i mean i'm not going to sit here and come on this morning and sugarcoat the last couple of weeks. they've been tough. but here's the great news for republicans. we have a candidate who is going to do extraordinarily well on wednesday night. he's going to contrast what his view is, and what the president's record is. the president's view for the future. and this whole race is going to be turned upside down come thursday morning. wednesday night's the restart of this campaign. i think you're going to see those numbers start to move right back i
favored the tax 52% oppose it it will affect most californians the measures wealthy backer has spent $30 million on the campaign. a competing measure supported by gov. brown will raise taxes only on the wealthy doing better, proposition 30 supported by 35 percent of voters, proposition 31 raise the income tax for people making more than $250,000 a year and raise sales taxes. general motors recalls more than 30,000 cars in warm weather states, the company says a plastic part can crack from skeet and cause a fuel leak and fire. the recall includes all 2007- 2009 models of the chevrolet cobol and surely equinoxes and pontiac suvs and all 2007 saturn ion a sedans gm will repair cars for free. a look at women voters how wide is the gender gap between mitt romney and president obama and why. >>> a rough outing for fisherman they got caught in this >>> five weeks until election day mitt romney awards are to female voters and their concerns about the deficit and how it impacts the future of their household's sharyl attkisson shows us which candidate women prefer. >>> your share of obama's debt i
these tax breaks that they get, we are playing for these tax breaks. we need roads, police, et cetera, and as long as we allow them to pay 13% when they should be paying much more, they are taking health care away from children, that need -- the family can't take them to the doctor. they can't pay for utilities, et cetera, and so forth, and they need to understand, you know, once they get all of our money, they are going to destroy us. so they really need to change their attitude about what is going on here. >> stephanie: yep, i hear you honey. [♪ "world news tonight" theme ♪] >> stephanie: sometimes i'm distracted by headlines while i'm talking. michele bachmann, we must ban filafel in school lunches. >> scarborough: oh, sweet jesus! >> stephanie: she claims that that and other foods of that origin should be removed from school lunches. >> stephanie: she may be beaten this time. wow, you would finally be rid of that [ censor bleep ] and her big gay husband. >> i have just been told by kobe at current that the filafel story was a parody. >> stephanie: oh, okay.
. >> to china where the artist and government critic ai weiwei has lost his final battle against the tax evasion filing. the record forces him to pay $2.4 million. >> ai weiwei says this is a case he never believed he could win. during his time as -- during a time of protest as an artist, he said he never sought a way to win. >> people say, you knew the results of this from the beginning. that is true. the result today is not the result that should have been given. china should be changing every day, but in truth, this is not happening. we are still living under iran legal system. this system cannot possibly have -- under a rotten legal system. at the system cannot possibly have a place in the future. >> he is also an outspoken critic of the ruling communist party. his high-profile case is carefully watched to see how chinese leaders deal with the scent. last year, he was secretly detained for 81 days, sparking international condemnation. following his release, his firm was charged with tax evasion. he believed the charges were politically motivated, designed to silence him. authorities would no
, and a majority of americans are staring at big increase on their tax bill. ashley morrison with more. >> the tax center released a study showing that americans of all different incomes could be hit with a tax increase. if washington doesn't come up with bauj et deal by the end of the year. if existing tax cuts are allowed to automatically expire, the average tax increase would be $3500 a year, a middle income family make between $40,000 and $60,000 a year would see their tax bill rise by $2,000. >>> overseas marks were mixed this morning. tokyo's nikkei shed a fraction on concerns of company earnings, while south korea's kospi grained a fraction. hong kong's hang seng is closed for a holiday. >>> on wall street, the dow added 77 points while the nasdaq lost two points. jp morgan chase is being sued over dealings made by bear stearns, the investment bank it acquired in 2008. new york's attorney general filed the suit claiming bear stearns misled investors. the suit is the first to be filed under a group set up by the obama administration to investigate misconduct that caused the 2008 financial cr
us more tax increases and more regulated debt. >> eric: talk about the real personal income and durable goods. that is, why? >> what we earn is important to our spending power and standard of living. we are down $4000. and that is real disposable income. and looking over the period of the president's term, we are down $4000 median per household . durable good orders. machines. cars and trucks and planes. down 13 percent. one month that is a decline and that points to recession. >> steve: seems like we are slowing down. over in trouble in europe and nothing on horizon. everybody slog down and america could leave the world out of america could expand and drag the world with it >> eric: personal income is down especially with gas at four bucks a gallon. >> national average 3.80. >> brian: fewer dollars to spend. >> we have food price inflation. our standard of living is declining. are you better off, no. you are not better off. >> steve: stewart i talked to a number of business owners and they were reluctant to hire. if mitt romney is elected president of the united states. wou
lysol.com/missionforhealth. m01546 raise taxes on >>the rich, you're going to destroy our economy." not true! ♪ ♪ this is how we do it, la, la, la ♪ >> announcer: stephanie miller. ♪ does it like nobody does ♪ >> so that's how you do it. >> stephanie: yeah. ♪ we're hear to party, say -- >> announcer: stephanie miller. ♪ this is how we do it, la la, la, la ♪ >> stephanie: charlie pierce coming up at the bottom of the hour. >> so this is how we do it. >> stephanie: indeed. you forgot to tip your cup up. >> sit back your cup and throw your hands up. >> stephanie: exactly. cecile richards next hour with a major announcement. >> that's right. [ explosion ] >> stephanie: i have an amazing announcement and i'm about ready to explode. >> the tv cameras might have made the announcement for you. [ wah wah ] >> stephanie: huge name on the mannel. it's not him. not trump. >> no. [♪ "world news tonight" theme ♪] >> stephanie: gawker brings us was an asparagus-sized eel doing in a man's butt? >> really? >> stephanie: the doctor -- these are some of our favorite s
pads we inspected his brakes for free. and shoes at meineke. >>> another example of how the tax system often favors the wealthy. mitt romney's taking advantage of something that's perfectly legal but could become a political liability. lisa#r syesteaslooking into th. explain what's going on, lisa. >> well, wolf, this is a story that bloomberg first reported. it's about a trust that offers big benefits for mitty and his children and his 18 grandchildren. it's the kind of thing, you know, that lots of high net worth individuals will use to pass on wealth. but the question as you mentioned is is it becoming a political liability for romney? the romney family is a tight-knit clan. mitt and ann romney like many wealthy couples are working to make sure their wealth passes to their five sons and grandchildren. a family trust established as early as 1995 has amassed $100 million according to the romney campaign. mn's2011 tax records show he has set up an intentionally defector granter trust or idgt. also known as i dig it trust. in this case romney pays any income taxes on the assets in that
and tax increases being imposed by the spanish governnt. >>> breaking overnigh two more american soldiers have been killed in afghanistan. they died this morning at the hands of a suicide attacker in logar province in the eastern part of the country. >>> meanwhile here at home, federal agents have been called in to investigate a string of homemade bombs in indiana. one of the devices exploded outside of the home of candidate brendan mullen. three similar bombs were found in the area. >>> a $34 million project to renovate the reflecting pool on the washington mall has turned into a nightmare. algae has taken over the pool, lending it a pea soup quality. now, it hopes to remove it by increasing the water's ozone level. no word on how much that would cost. >>> the shore has been covered in this thick, white foam. it's a phenomenon that occurs when sand and water are stirred up by strong winds. locals stunned there. homes, cars, even pets, left blanketed in the white stuff. >>> there was no foam in sight when these pictures were snapped. take a look. they're going viral this morning. a group
europe, spain is auditing its banks and france is talking about huge taxes on its wealthy. >>> we've got the inside scoop on the big bank market scandals and investor confidence. >>> and avoiding the fiscal cliff. what washington budget battle and tax policy could be doing to the economy. national bureau of economic research president james peterma is here to explain. >>> plus, it's a smartphone showdown. could the latest results have blackberry maker research in motion gaining ground on apple? get the information behind the numbers. the second hour of "squawk box" begins right now. >>> happy friday, everybody, i'm becky quick along with andrew ross sorkin and joe kernen and here's your line-up for the final day of the trading week. we'll kick things off with "vanity fair" contributing editor and cnbc contributing editor beththy mcclain. and we'll talk about the chances of the u.s. slipping back to recession with ceo and professor james poterba, we heard things from an analyst that gave us scary thoughts. at 8:00 eastern time the ceo of research in motion joins us in a first on cnbc inte
supporter of the park merced project which ties into how we can increase our tax base income. you turn around and create opportunity. the government cannot create opportunity. the development will create opportunities which will bring employment in. it will bring businesses in and it will turn around and increase our tax base and it has to come from the private sector and i believe the project is a very good project and i support it. >> thank you sir. mr. yee. >> here are my two criterias when it comes to housing. i believe in reasonable growth and i believe in healthy robust community process, so here we are. we just developed something in our district on ocean avenue and we had a healthy discussion around the avalon development. broke ground. no protests. people agreed on it. felix circle we had a healthy discussion and we will have additional housing there too. i was just up on crest mount drive. there is controversy over there whether this is reasonable or not and i don't think the developer who is have presented the project is reasonable, but the neighbors in seem to
. >>> taxes for nearly nine out of ten americans will rise by an average of $3500 a year if congress doesn't avert the so- called fiscal cliff. a study by the tax policy center finds the average tax bill will go up by 20% in 2013 if lawmakers allow a lift of cuts to expire at the end of the year. economists warn the tax cuts combined with automatic spending cuts could throw the fragile u.s. economy back into a recession. >>> next month maryland voters will decide whether or not hundreds of students can afford to go to college. critics claim the dream act rewards illegal immigrants by giving them in state tuition rates. >> but supporters say it's only fair to give some people a path to fulfill their dreeps. >> this is a chance -- dreams. >> this is a chance for me to go to the university of maryland. >> reporter: he is a dreamer. >> to become a doctor and give back to society. probably i could be saving your life in the future. >> reporter: his parents brought him to the u.s. at 12. he graduated from kennedy high school, earned straight as at montgomery college, was diagnosed with bone canc
, the men women and children who were killed in wars, massacres, tax, raids, and about the beautiful country that was the beacon of coexistence, progress, and a crossroads of civilization. they died in the camps of displacement and refuge to which they were expelled. they awaited the moment which they would resume their lives and complete their journey that was interrupted. they died while they clung to their legitimate human right to justice and freedom. as the time not come to undo this injustice? 77% of the palestinian people are under the age of 35. they did not experience the horrors, but they know very well all the horrendous details from the accounts told to them by their parents and grandparents who been diverted -- endured it. as a result of the practices of the occupation on the land that is diminishing on the rise -- and the horizon before them that is blocking their simple, ordinary dreams. they see their homelands and they say firmly, we shall not allow it to happen. i say to you, ladies and gentleman, that the great palestinian people will not allow themselves to be the victim.
the math work on his deficit plan and his tax plan. are we going to get those details in the course of the debate? >> well, you know, david, i wish you guys were just as tough on the president. the president says he's going to create a million new manufacturing jobs. he doesn't say how. he says he's going to reduce the long-term debt and deficit by $4 trillion. doesn't say how he's going to do it. you know, let's be fair here. governor romney has laid out a direction and a vision for the direction of this country. he's not an accountant. he's not going to go line by line as much as you'd like him to do through the budget. but let's hold the president to the same standard and criticize him as well. >>> good morning, it is monday, october 1st. it's october, everybody. welcome to "morning joe." >> yeah, you know who's glad september's over? >> who? >> the jets. holy cow! >> i thought you were going to say mitt romney. with us on set, we have msnbc and "time" senior political editor mark halperin and national affairs editor for "new york" magazine john heilemann. guys. hi, willie. >> he
we need time to fix it, and by the way, the president will also say that he wants to increase taxes on people like mitt romney to help pay down some of that debt. >> reporter: we just put of that graphic there showing the $16 trillion of debt and there are so many digits it almost doesn't fit on the tv screen across the screen there, as you can see. but haven't americans in some way become number to astronomical numbers? how serious is this in. >> they have become number. is it the new normal this massive spilling of red ink but it raises three problems which i don't think the nation has got even to grips with yet. number one our economy is smaller than our debt. we look like europe, we know what happened there. number two we are spending $9 billion every week just paying interest on this debt, about a quarter of it goes overseas. and number 3, we are paying for this debt by printing money. so here is the question, allison, what happens when we stop printing as we inevitably will at some point, what happens when people stop lending us the money because we've borrowed so much. what h
very clear choice. >> reporter: ryan was asked to discuss the specifics of the campaign tax plan. both romney and ryan have yet to tail how they would finance a 20% tax cut. >> it would take me too long to go through all of the math. >> that was kristin walker reporting. >>> it is time for fact or fiction segment checking the candidates claims against the facts. we will start with prauchl and his claim that taxes are lower on families than they have been in probably the last 50 years. that's not entirely true. average tax rates were slight lower in 1 '64, '63 and 2004. and mitt romney said college costs have risen 25% under the democrats that is not entirely true. college tuition for two year ands sup 23% but according to the education department when adjusted for inflation tuition is up 7 to 8% overall. >>> criminals who were sentenced to prison for life in california when they were juveniles could get a second chance thanks to a bill signed by governor brown today. more than 300 inmates are serving life without parole for murders they committed as teenagers. brown says the bill would
as a tax free lunch anymore, at least not in the district. starting today d.c. food truck operators will be adding on a 10% tax on the meals they sell. that's the same tax charged in d.c. restaurants. before the new tax food truck operators paid the city a $1,500 flat rate every year. >>> you may not be familiar with his face, but you'll know his cartoon. coming up we'll introduce you to the host of this year's oscar. >> 50 years ago james meredith was admitted to the university of mississippi. i'm randall pinkston in oxford as ole miss marks a dramatic moment that changed the school and the state. >> i'm matt jablow. coming up a man with deep ties to professional baseball in washington reflects on the nationals' success, that story straight ahead. >>> welcome back to nats park. i'm derek mcginty. we are live here where the washington nationals will take on the philadelphia phillies in less than two hours. if they can win this 1 game, they will clinch the national -- one game, they will clinch the national game east and roll into the playoffs. we heard the gates are now open, so the
election. >> romney paid 14% in taxes last year on 13 million in income. >> obama wages war on coal. >> they blow everything out of proportion. >> reporter: in colorado alone, $47 million in five months have been spent by the romney and obama campaign. come november people here can tell the rest of the nation how they feel about enduring all those tv ads. >> let me get your e-mail address. >> reporter: amendment 65 is on the ballot. if passed the state's congressional delegation would be required to propose an amendment to the u.s. constitution limiting campaign contributions and spending. this is the executive director of colorado common cause. >> the result is a democracy that distorts the voice of ordinary people in favor of those who can write multimillion dollar expects. >> reporter: millionaires would argue they have the right to free speech as well. >> free spech protects what we say but it shouldn't be that we can scream louder than others. >> reporter: the 2010 ruling said restriction on contributions was restriction on free speech. a statement provided to cbs news warns wh
on tax cuts that favor the very wealthy -- [crowd boos] >> don't boo. vote. vote. [cheers and applause] >> he has won no idea. there is one thing he did not do in its first four years he said he will do in his next four, which is to raise taxes. is there anybody who thinks raising taxes will help grow the economy? >> no. >> his plan is to continue what he has done before. the status quo has not worked. we cannot afford four more years of barack obama. we are not going to have four more years of barack obama. memo wednesday, president obama and mitt romney meet in their first presidential debate -- >> wednesday, president obama and money in the first presidential debate, hosted by jim lehrer from "the newshour." follow our live coverage on c- span radio and online at c- span.org. >> they just tell you the news straight up. there's no ads. that is arguably the biggest reason. i am a firm believer that the c- span video archives are truly a gift to the american people. it is arguably one of the most historical -- i would say one of the most historical archives there are. i primarily watch
that money for the homeless should come from downtown corporations through the war profit tax and provide housing for the homeless. we have a cacantacy rate here that is high and park merced where it's high and i believe those units should be used to house homeless people with the revenue generates from the war profits tax so that's what i would propose in dealing with the homeless issue. >> all right. thank you sir. mr. rogers. >> you know sadly the 50% of the homeless are actually vietnam veterans and so this makes homelessness really a national embarrassment. in the past they had post traumatic stress disorder was claimed to be -- the people had it before they were in war, before they went through a terribly difficult time and they did not provide the people any money. fortunately with the obama administration this has changed and these people are coming back and being able to be given some money, so on the federal level i think there's some improvement. when it comes to san francisco i think we need to do more, and i would research this further and answer that question later. tha
-seventh out of fifty in per-pupil funding. now these politicians say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. thirty-eight. >>> crews in san jose are working to reopen a road that was closed down early this morning when a driver hit a pole knocking down several power lines. the accident happened around 1:30 a.m. near the interception of almendinger expressway. it appears the 18-year-old driver fell asleep at the wheel. she suffered nonlife threatening injuries. thousands of people lost power overnight but power has since been restored. >>> an arson investigation is under way after fire destroyed a south bay warehouse. ktvu's matt keller is live in san jose where the flames make some near by apartment residents pretty nervous, matt. >> reporter: ken, we watched some work crews put up this chain link fence aro
work and have children and the reason they don't pay federal income taxes is the median income is as low as it was in 1995 now, and until the current eleion season, republicans and democrats crpported both the child tax it andhe earned income tax credit. this is a rejection of basicmor bipartisan policy to support workingfamilies. it is not a bunch freeloaders. >> there he goes. piers mo bringing up the 47% from the secretly videotaped moment in that fund-raiser back in, what, may. but no big sis hs going straight for that 47% line. noand quite interesting because bill clinton on my show tually a few months ago had, of course, supported mt romney over his record of bain capital and refused to join inhe obama super pac bashing of romney over that. >> that made news. >> it made a lot of news because it was like he was opposed to the way barack obama is coming at it. on this, they certainly agree the 47%, which is -- you've seen a real widening now of many of the polls since this whole fury over the 47%, it has become a key, key thing, i think. mitt romney as bill clinton rightly
as much energy as any other state from the clen energy tax credit and it has the largest loan in the history of the u.s. small business administration. we are back with more bill press live at the break. and as always we are in chat at current.com/billpress. all of the pieces? >>tv and radio talk show host stephanie miller rounds out current's morning news block. >>you're welcome current tv audience for the visual candy. >>sharp tongue, quick whit and >>you just think there is no low they won't go to. oh, no. if al gore's watching today... jack you're a little boring. boring. boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire ♪ [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] [ ♪ theme ♪ ]
address and vernon carr for defaulted higher u.s. corporate tax rates for driving jobs overseas. he also called for repeal of the obama health care law. >> secretary of defense and leon panetta is being sued by 19 military veterans. used as one of the top brass named in a sexual assault laws say. the lawsuit involves current and former members of the u.s. military. the lawsuit says the complaints were harassed or assaulted and suffered retaliation. the lawsuit also accuses the leadership of the army here forced to >> still to come on the kron4 is weekend, an overnight crashed shut down roads in the south bay to. here is a live look outside pirie if we will be right back. [ woman ] dear chex cereal, i've never written a fan letter before, but you've done what i thought was impossible: you made good-for-you, gluten-free cereals in a whole bunch of yummy flavors. cinnamon chex and honey nut chex are two of our favorites. when my husband rob found the chocolate one, we were in cereal heaven. the only problem is, with so many great flavors you're making it very hard to choose. so thanks. fr
and tax increases being imposed by the spanish government. >>> breaking overnight, two more american soldiers have been killed in afghanistan. they died this morning at the hands of a suicide attacker in the volatile logar province. it is in the eastern part of the country. >>> meanwhile here at home, federal agents have been called in to investigate a string of homemade bombs found in indiana. one of the devices exploded outside the home of democratic congressional candidate brendan mullen. it had been placed near his mailbox. three similar bombs were found in the area. >>> we're just getting word that andy williams has died. he signed in the '60s, what was then the biggest recordi ining contract in history. he owned the moon river theater. he died of cancer. he was 84 years old. >>> and a bizarre sight here after a vicious storm in scotland. it's a phenomenon that occurs when sand and water are stirred up by strong winds. locals stunned there. homes, cars, even pets, left blanketed in the white stuff. >>> there was no foam in sight when these pictures were snapped. take a look. the
say unless we send more tax dollars to sacramento, they'll cut education again. here's a new approach. prop thirty-eight sends billions in new education dollars straight to our local schools, and guarantees the politicians can't touch it. thirty-eight will restore the education cuts from sacramento. so remember this number. >>> welcome back to eyewitness news cbs 5 the last saturday in september 2012 when go out on hotter now than yesterday. some readings across the bay for degrees warmer in san francisco let's 6215 degrees hotter in livermore at 93. san jose mid-seventies common. the thought compressed to 700 ft., that keeps san francisco cool this evening at 58, otherwise we drop down in the mid '80s in the tri valley oakland now 61 degrees. that high pressure strengthens it rents up and produces an off shore flow which means dry winds from inland areas moving offshore in an easterly direction that increases potential for fire danger, what dissipates the offshore wind we dissipates the offshore wind we makes it easy for anne to manage her finances when she's on the go. even when sh
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